Crude Oil Spikes on News That Saudi Arabia Tells Citizens to Leave Lebannon Immediately

Here's the intraday chart of crude oil (Yahoo Finance):

Here's the short snippet from Reuters (8/15/2012):

Saudi Arabia tells citizens to leave Lebanon immediately - SPA

(Reuters) - Saudi Arabia has ordered its citizens to leave Lebanon "immediately", the state news agency reported in an SMS alert on Wednesday.

"The Saudi Arabian embassy in Lebanon calls all Saudi citizens to leave Lebanon immediately," the alert said, without elaborating.

(Reporting by Asma Alsharif; Writing by Raissa Kasolowsky)

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Israel Requests Japan to Stop Buying Iranian Oil

From Nikkei Shinbun quoting Kyodo News (1/30/2012):

【エルサレム＝共同】イスラエルを訪問した山根隆治外務副大臣は29日、エルサレムでリーベルマン外相らと会談した。イスラエル側はイランからの原油輸入停止を要請。山根氏は日本のイラン産原油輸入量は過去５年間で約40％減っており、今後も削減に努めると説明、理解を求めた。

(Jerusalem, Kyodo News) Vice Minister of Foreign Affairs Ryuji Yamane who is visiting Israel met on January 29 with Israel's Foreign Minister Lieberman in Jerusalem. Israel requested Japan to stop importing crude oil from Iran. Yamane explained that the amount of crude oil Japan imports from Iran has decreased by 40% in 5 years and that Japan will continue its effort to reduce the amount, and asked for Israel's understanding.

　山根氏がエルサレムで記者団に明らかにした。イスラエルは、核開発を進めるイランを最大の脅威と位置付けている。...

Yamane disclosed the Israel's request to the press in Jerusalem. Israel considers Iran as its greatest threat, as Iran develops its nuclear program.

What Japan reduces will simply go to China, India, and Russia. Canada's oil and gas will probably also go to China. Japan will be left dry, and cold, as a mini ice age hits...

Isn't it ironic that Japan is part of the economic embargo against Iran by the US and the EU, while it suffered the same by FDR in the run-up to the World War II?

No wonder the population of Japan is set to decrease by whopping 30% by 2060.

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